Gold prices retreated from recent highs on Wednesday as traders took profits following a powerful rally that pushed the precious metal towards the US$4,700 an ounce level.
Spot gold fell to around US$4,612 an ounce during the session before recovering slightly, with the market remaining under pressure as investors assessed the latest US economic data…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
